More Downtown Development
There are published reports that this new development will make its way to downtown Indy. It is rumoured to be built off South Street where a free standing Arby's and Subway now sit. The developers are looking at dropping $480 million. It is supposed to have a Legends theme. The screen at the top of the building will have rolling pictures of great Hoosier legends including Larry Bird and David Letterman.
I think the theme might be a little corny but it does look like a nice building. I am also excited about the demise of the free standing Arby's and Subway. Nothing against those tasty roast beef sandwiches but those two buildings took away from the urban character of the city. But the report also notes that the development would have retailers such as Target, Dick's Sporting Goods, and Best Buy. So much for urban character.
I would rather see the development capitalize on the proximity to Lucas Oil Stadium and the Fieldhouse and develop into its own Wrigleyville or the Stadium District that they have in Columbus, Ohio. Of course it isn't my 480 million.